对于社保基金，本期新披露持有奥普科技的社保基金共计1个，即招商基金管理有限公司-社保基金1903 组合。 外资态度来看，本期较上一季度持股减少的外资基金共计2个，包括Heaven-Sent Capital Apollo AP Company Limited、PMT HOLDINGS LIMITED，持股减少占比小幅下跌。 2025年8月26日，奥普科技(603551.SH)发布2025年半年度报告。截至2025年8月25日，共有14个机构投 资者披露持有奥普科技A股股份，合计持股量达2.90亿股，占奥普科技总股本的74.20%。其中，前十大 机构投资者包括TRICOSCO LIMITED、中国农业银行股份有限公司-平安低碳经济混合型证券投资基 金、PMT HOLDINGS LIMITED、中国银行-华夏回报证券投资基金、平安基金-中国平安人寿保险股份 有限公司-分红-个险分红-平安人寿-平安基金权益委托投资2号单一资产管理计划、交通银行股份有限公 司-金鹰红利价值灵活配置混合型证券投资基金、招商基金管理有限公司-社保基金1903组合、中国邮政 储蓄银行股份有限公司-太平丰和一年定期开放债券型发起式证券投资基金 ...

Group 1 - The core investment strategy focuses on bottom-up stock selection, emphasizing value capture and patience for asset valuation recovery [1] - The investment environment has shifted towards a preference for shareholder returns and genuine growth, as companies reduce capital expenditures [1] - The principle of contrarian investment is highlighted, where buying at low points in stock heat and volume can lead to reduced risk of loss [1] Group 2 - Three main stock selection criteria are identified: high dividend yield, strong cash flow, and market contrarian signals [2] - The selling principle emphasizes strict adherence to valuation ranges and taking profits during market exuberance [2] - The portfolio management style is characterized by concentrated individual stock holdings while maintaining industry diversification [2] Group 3 - The current economic outlook is positive, with a steady recovery and favorable conditions for real estate, healthcare, and lithium battery sectors [3] - The investment environment is described as a "golden window" for equity investments, supported by domestic policies and market valuations [3] - The market sentiment reflects limited downside potential, with a relatively optimistic view on medium to long-term performance [3]